Reported 2 months ago
Following Donald Trump's recent appearance on X, Trump Media & Technology Group has faced significant challenges, resulting in a $3 billion drop in market value over the past month. The company's stock has fallen 40% since mid-July, struggling with stagnant user numbers and substantial losses, including over $16 million in the second quarter with minimal revenue. Despite Trump's support for the platform, user engagement has not met expectations, contributing to investor concerns about its future.
Source: YAHOO